全球科技行业周报：国内外AI软硬件持续推新，关注华为链机会

Investment Rating - Industry Investment Rating: "Overweight" [3] Core Insights - The report highlights the continuous innovation in AI software and hardware domestically and internationally, with a focus on opportunities within the Huawei supply chain [2] - The performance of major indices during the week of November 18 to November 22, 2024, showed a decline in the Shanghai Composite Index by 1.91%, the ChiNext Index by 3.03%, and the CSI 300 Index by 2.6% [5][29] - Notable advancements include the launch of the Qwen2.5-Turbo open-source AI model by Alibaba, which can process 1 million tokens at a cost of 0.3 yuan per million tokens, significantly outperforming GPT-4o-mini [5][60] - NVIDIA introduced new AI hardware, including the H200 NVL PCIe GPU and GB200 NVL4 superchip, which offer substantial improvements in performance metrics compared to previous models [5][62] Summary by Sections 1. Weekly Market Review - The report details the performance of various indices, with the Hang Seng Technology Index declining by 1.89% and the Nasdaq Index increasing by 1.73% during the same period [5][29] 2. AI Sector Developments - Internationally, Microsoft released the AI Shell command-line tool aimed at simplifying coding and automating workflows [58] - Domestically, Kimi launched the k0-math reasoning model, which competes with OpenAI's models [59] - Alibaba's API calling price for its AI services has decreased by 97% over the past year, reflecting significant cost reductions in AI infrastructure [59] 3. AI Hardware - NVIDIA's H200 NVL features a memory capacity 1.5 times that of its predecessor and offers 1.7 times the AI inference performance [62] - The GB200 NVL4 superchip is set to launch in the second half of 2025, boasting 2.2 times the simulation performance compared to the previous generation [62] 4. Overseas Technology - Apple is accelerating the development of a more conversational Siri, which will utilize advanced language models [11] 5. Domestic AI - The report emphasizes the importance of monitoring companies like Tencent, Alibaba, and iFlytek for their advancements in AI technology [6][9]